Low Income Apartments and Affordable Housing For Rent in Oakdale, MN

Discover affordable housing in Oakdale where there are 10+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Waterford Townhouses

1584 Hallmark Cir, Oakdale, Minnesota 55128

Century North Apartments

4131 Geneva Ave, Oakdale, Minnesota 55128

Cottages of Aspen

1745 Granada Ave N #79, Oakdale, Minnesota 55128

Cypress Senior Living

4994 Hamlet Ave N, Oakdale, Minnesota 55128

Gentry Place

1303 Gentry Avenue N, Oakdale, Minnesota 55128

Eastwood Village I & II

6423 Upper 35th St N, Oakdale, Minnesota 55128

Granada Lakes Townhomes

3829 Granada Ln N, Oakdale, Minnesota 55128

The Arbors at Red Oak Preserve

4980 Hamlet Ave N, Oakdale, Minnesota 55128

Geneva Village

4059 Geneva Ave N, Oakdale, Minnesota 55128

Oakdale Village Apartments

6276 12th St N, Oakdale, Minnesota 55128

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Oakdale, Minnesota
$30.72/hour
$21.87 (+247%) more than Minnesota minimum wage and $23.47 (+324%) more than the Federal minimum wage.
Learn More About Oakdale, Minnesota Affordable Housing ↓

What HUD offices serve Oakdale, Minnesota?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Oakdale, Minnesota.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Oakdale, Minnesota.

Go to the Minnesota Public Housing and Low-Income Apartments Waiting Lists page for openings near Oakdale.

How many renters live in Oakdale, Minnesota?

The City of Oakdale has 28,029 people living in 11,357 households.

There are 4,793 renters living in 2,590 renter households in this City. Renters make up 17.1 percent of the population living in Oakdale.

What is the rental market like in Oakdale, Minnesota?

There are an estimated 11,641 housing units in the Oakdale area. Of these, 2,777 units are rental homes, making up 24 percent of the housing market. For every renter household in Oakdale, Minnesota, there are 1 rental units.

What is the vacancy rate for rentals in Oakdale?

The rental vacancy rate in Oakdale is 4 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Oakdale for each bedroom size?

Occupied Rental Units by Size in Oakdale
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
201 764 1,172 403 50
Occupied Rental Units by Size in Oakdale

A large number of apartments in Oakdale have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Oakdale are overburdened by housing costs?

Among renter households in this market, 55 percent have housing cost burden. Further, 30 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Oakdale

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,174 to $2,478. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,174
One BR $1,327
Two BR $1,622
Three BR $2,188
Four BR $2,478
2024 Fair Market Rents in Oakdale, Minnesota

How many units are rented at Fair Market Rent (FMR) in Oakdale?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 140 70 percent
One BR 425 56 percent
Two BR 859 73 percent
Rental Units Below FMR in Oakdale, Minnesota

How many affordable rental units are in Oakdale?

There are a variety of federal affordable housing programs serving households in Oakdale, Minnesota including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 642
Section 8 Project-Based Rental Assistance 247
Section 202 Supportive Housing for the Elderly 49
Tracked Units by Federal Program in Oakdale, Minnesota

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Oakdale, Minnesota

Oakdale features 121 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Oakdale, Minnesota

There are 802 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Oakdale.

Housing Choice Vouchers in Oakdale, Minnesota

On average, Section 8 Housing Choice vouchers pay Oakdale landlords $3,300 per month towards rent. The average voucher holder contributes $500 towards rent in Oakdale.

The maximum amount a voucher would pay on behalf of a low-income tenant in Oakdale, Minnesota for a two-bedroom apartment is between $1,460 and $1,784.

Sourced from federal housing data and AffordableHousingOnline.com research.